20 Front Street
Saugeen Shores, N0H 2L0
FOR SALE
$6,999,999
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Investment
CATEGORY 66.05 x 304.72
LOT SIZE X13605490
MLSID Contact Us
Property Description
Rare Opportunity Alert! This Luxury Vacation Property Is Ready for a New Owner , Operational With a Small Investment of capital. Main building with 7 units is close to occupancy with the remaining 4-5 units halfway there. Elegant design throughout and no expense spared on implementation. Market peak appraisal showing 13 million dollars! Located in the quiet, vibrant and fully serviced downtown of Southhampton- an area with mostly protected shorelines. A rare building with commercial uses directly on the pristine soulful shores of lake Huron. Area influences include the Bruce Power Plant with strong salaries and a workforce that will keep vacancy rates to a minimum. Prospectus available, estimated 1.8 gross revenue (after vacancy estimates based on intended operation.) Flexibility in completion plan to operate with 11-13 units total. VTB is an option at desirable rates. View unbranded video tour for a more detailed look at the property. Buyer to complete their own diligence.
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Property Details
Address
20 Front Street
Community
City
Postal Code
N0H 2L0
Property Type
Investment, Investment
Use
Accommodation
Zoning
C4
Lot Size
66' x 305'
Acreage
19,762.5 Feet
Taxes
$14,508 (2025
Heat Type
Other
Water
Municipal
Garage Type
None
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Listing contracted with Strive Realty Ltd.
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